#company

Which functions and departments will get hit the hardest? Thoughts?

how many times will LC say AI. Drinking game!

Am I alone in thinking something major is coming before the end of the year?

Has anyone heard about accounting or specific departments?

When I first entered this industry decades ago I was told by a fellow associate who had been in the industry for decades themselves this is how leaders who are insecure operate. In my decades in the industry I have seen this first hand for myself to know my former fellow associate was correct. I feel this is playing out again at Edward Jones right before my eyes again. Weak leaders who are insecure about their own abilities come in and make drastic changes in order to justify their existence. Many times they are handed companies who are in great positions even making record net income (sound familiar?). I was at a company that had a leadership change. The new leadership came in from another larger company. When they took over we had a conference call. The new leadership said they were implementing this plan that did not work at their former larger company. They admitted they made mistakes, but assured us they had learned from their mistakes and were not going to make the same mistakes at our company. In the meantime they shut down our department and I was laid off. Nine months later I received a call saying they were getting the old band back together and asking if I wanted to come back. Some people went back, but most people including myself had moved on and never looked back. The leadership at this company made drastic changes, severely disrupted thousands of lives, and in the end nothing really changed. The company is still positioned in the same spot as they were before these drastic changes. Then new leadership comes in again and many times they change policy back to the original plan in order to make changes for the sake of making change in order to justify their own existence. Penny was handed a great company in a great spot. She just could not help herself. Here we go again. Let's bring in Chubak who laid thousands off at Citi and now Citi has already reversed many of his decisions. DC has been proven to be a failed leader and Penny has hitched her wagon to him. By the time Penny is done with this firm she will have spent millions of dollars and disrupted thousands of people's lives and the company will be in the same position as when she took over. Look at our past few managing partners. They stood by the firm's long tested and tried policies and we saw significant slow and steady growth to put us in the best situation we have ever been in. Even Penny has said these drastic changes are being made from a position of strength not weakness. There is an old saying in investing and business. It goes, "Bulls make money, bears make money, but pigs get sla-ghtered. Don't be hoggish." There is even a sign in the West entrance of the South St. Louis Campus that says, "Buy and hold". Make sure you make your money, but don't get greedy. These are the tenants that got this firm to where it is today. Slow and steady growth. A stable ship led with a stable hand. Think of JW navigating a horrible 2008 economy. The firm came out of 2008 better than when we went in. Penny is being greedy. She is burning many associates and she is going to get burnt herself.

We had to find out from Reuters and the Wall Street Journal that 15,000 of us are losing our jobs this week. But from our own leadership team, we are getting radio silence. Instead, we have to come to this board in order to get any information. It’s tragic. Where is the communication?

In 1897, while most factory women labored 14-hour days in dangerous, filthy conditions for pennies, the women at H.J. Heinz’s Pittsburgh factory received hot meals, medical care, and even had rooftop gardens. They worked for a man who believed something radical: that workers were human.

The photograph shows women in white aprons at their stations, bottling ketchup—filling, capping, labeling—hour after hour. Yet their faces are not hollow or broken; they look dignified, almost content. In the Gilded Age, when industrial progress was built on disposable labor, this was extraordinary. Factories were typically dark, unsafe, and exploitative, but Heinz’s factory was different.

Henry John Heinz, who began his company in 1869 with bottled horseradish, built an empire on quality food. By the 1880s, his slogan “57 Varieties” symbolized trust, but he also pursued a quieter revolution: treating workers with dignity. His Pittsburgh factory, opened in 1888, was clean, bright, and safe, with white uniforms laundered by the company.

The amenities were unprecedented: free hot meals, locker rooms with showers, on-site medical care, manicure services, rooftop gardens, and educational programs. Workers learned English, sewing, and cooking, investing in their future. Critics thought Heinz was crazy, but his approach paid off: loyalty was high, turnover low, and productivity strong.
During the 1894 economic depression, while other factories laid off workers, Heinz expanded, keeping everyone employed and offering support. Employees remembered his personal care and reassurance during hard times. By the early 1900s, the factory became famous not just for ketchup, but as a model of welfare capitalism, attracting visitors eager to see its progressive approach.
Women at Heinz worked with skill and dignity, often coming from families trapped in brutal steel mills. Sarah O’Brien, a worker from 1895 to 1919, wrote that they were treated “like proper ladies,” experiencing clean work, fair wages, and personal respect from Heinz himself.

H.J. Heinz died in 1919, but his philosophy endured. Those women were pioneers, proving that fair treatment wasn’t weakness but smart business. Every bottle of Heinz ketchup carries their legacy—not just a product, but evidence that capitalism can be humane. In 1897, inside that Pittsburgh factory, a quiet revolution was happening, one bottle at a time.

And I am receiving tons of applications from Synopsys former and current AEs

Sorry guys....I don't have so many vacants

As a 20 yr employee who was let go last year, I empathize with what you all are feeling this week. But, it feels really good to be on the other side of VZ and moving on with life. I thought my world collapsed when I was let go last year, but I've realized multiple times it was the best thing that could have happened, especially seeing what life is like at VZ now. Sad to see our once great company imploding. Since 2015, it has been a slippery slope down hill. First a small slope, then bigger...then bigger...and now it feels like the slop has near hit bottom. Everyone said a certain leader would run this company into the ground...seems they were right when this was said back in 2018 at the first VSP. May the odds be in your favor...rooting for you Vteam.

https://www.youtube.com/watch?v=TpuvjxDNrXk

Most of the job cuts will come from Non-Union positions

Since the rumors started, my workload has exploded. I was already busy in my role, but now other work groups have been piling meetings and projects onto my calendar—almost as if they’re trying to prove how “busy” they are.

At this point, I’m sitting in 8–10 hours of back-to-back meetings most days.

As if anyone is actually checking calendars to make decisions. 😂

Hearing the first of many grenades is coming out tomorrow from corporate regarding this global consolidation operation..

One of the biggest things im hearing PDS is going away for non NPT along with all non NPT will become wage employees.

Somethings else FLS & SLS having a minimum amd maximum amount of direct reports as well.

Anyone else got any more information?

Anyone else have details on this?

I walk the Vz br cafe and while I’m hearing the gloom and doom talk I am blasted by a 120 inch screen w Kevin heart as a ice cream cone, than Pete Davidson for a Vz commercial. Like are we fr? Why are we paying millions to these mo--ns? You think that having those guys in a commercial helps the bottom line even by .0000001 ? NO. Stop wasting millions on stupidity, Jesus

I find the rumblings just (which will happen Thursday… where there is smoke, there is fire) rolling off my back, like water off a ducks.

In Jan/Feb 2021, I was part of the RIF and was able to find a new role. After living through that experience and being a people leader then, I told myself that next time major rumblings came around, that I would embrace the RIF. So here I am embracing Thursday’s news.

Sure there is anxiety about am I impacted or am I not, but I don’t really want to start this post-Verizon change pre holidays leading into 2026 that the macro US economy is going to be dreadful. With that said, there is life outside of Verizon. There are a lot of good things happening in industry outside of Verizon.

We are just a cog in the wheel for shareholder value and the stock price. Our CEO has made that crystal clear. It’s best to treat your role as a cog in the machine for you to enjoy life. Think about work in the hours of work, after work forget about it. Come back to it the next day. It’s ok to ignore a slack or an email.

RIF Package expectation based off previous years.

2 weeks pay for each year of service.

Vacation payoff (hope you didn’t drop below 150% before the year ended. *this was the first hint of it happening this year btw.

Stock together- we can dissect this wonderful move. Hans introduced it and ever since we have experienced the stock price lagging against the industry. Not the cause of it obviously, just ironic.

STI- probably *from what I’ve heard gets paid out but that’s coming from a friend of a friend

I'm talking about laptops, cell phones, etc.

Are laid off people's devices locked up and wiped out the day of? Or are laid off employees still considered employees until the end of the year with limited access to their devices?

How long does one have to be at COP to keep the companies invested portion of the 401k. I am still in college and currently interviewing for a role here.

I've heard it is 3 years but also 5 years? Which is it for full time?

Thank you in advance, I was too shy to ask the recruiter.

Fiserv will come back from this. I believe Fiserv will declare bankruptcy and will be broken apart and sold off.

Does anyone have any information on 5 day RTO dates for international offices? Are they also going to offer a buyout the same way the US did?

VZ Fam.. you should watch Season 1 Episode 1 of the Office to cheer yourself up. Its relatable lol

Tis the season

https://healthpoint.com/technology/why-is-unitedhealthcare-cutting-remote-monitoring-coverage/

As chairman of Frontier.. does John Stratton come back?

Maybe Mike Lanman and George Fischer weren’t also so bad; compared to what we had the last decade?

Remember when the 10 points of the Credo were stuck on every wall, printed and stuck on every desk.

He is getting his Pals the pay...

If you were told you “can” WFM…. Is that a good or bad thing??!!

Yeah 25 years:
Have been a top performer consistently.
…and just like that.

Dishonesty and corporate greed?

https://nypost.com/2025/11/14/business/ousted-verizon-boss-could-still-pocket-most-of-20m-salary-as-company-cuts-15000-jobs-report/

By being special advisor for a year, Hans will still get his $20m bonus

Seems Alaska wasn’t hit as hard as other places.

https://techrights.org/n/2025/11/15/Many_IBM_Workers_to_Become_Unemployed_a_Few_Weeks_Maybe_Just_Da.shtml

What is with the Tesco lawsuit? Seem Samsung as well?

https://cloudinfra.blog/how-broadcoms-takeover-of-vmware-sparked-lawsuits-patch-access-fights-and-a-licensing-backlash/

Are they going to layoff first then re-org at a later time? Or is everything happening simultaneously?

Are leaders gonna encourage their teams to work from home Thursday…just to enable the people who are impacted to save face? Not have to get “that” call right in the middle of all their co-workers?

I was today years old when I learned there is such a thing as a layoff merch industry, and it's thriving. What the he-l? Why are people selling layoff shirts, jerseys, cups, and whatnot, and more importantly, why are people buying it? Somebody make it make sense, please.

Hi, Verizon employee here. I have heard that many former Verizon employees went to T-Mo. If you are one of them, can you provide some insight into the similarities and differences? Not asking for specifics, just generalizations. Curious about how different we all are. I am former ATT and found both ATT and VZ to be pretty similar

It was not. Don't trust your managers, folks. They'll lie to keep you quiet and cooperative without a second thought.

I recently found out that Hughes doesn’t actually own the Jupiter-3 satellite, it’s leased from EchoStar, and Hughes pays about $190 million per year for that lease.

I also learned that the SpaceX–EchoStar spectrum deal includes a clause requiring EchoStar/Hughes to refer new customers to Starlink. Essentially, if someone wants satellite internet, EchoStar will direct them to SpaceX’s Starlink service . Bonkers 🤯

T-Mo planning a 10%+ cut in force and is gunna use the VZ announcement as cover. We’ve being used!

If yall haven't noticed the layoffs have started and there is more to come. They are staggering it to avoid WARN notices.

P&G has proved that experienced hires will always get step child treatment.

Has anyone received formal written communication of any of the following changes:
1) requirement that we are in the office for 8 hours on in-office days or
2) move to 4 days in-office for some LOBs (ie. Corp Risk)?
It blows my mind that they updated the in-office guidance in October and did not send a single written notice to employees before they told managers to enforce it. In Risk, we’ve been informed verbally that we’re moving to 4 days in-office (even though CS just said nothing is changing) but have not gotten anything in writing confirming this is happening or when it will become effective. We should be getting notified of changes like this at least 60 days beforehand.